$899,900

270 Clifton Road

Kitchener ON, N2H 4W2

Description

Nearly $42,000 Gross Annual Income Available Here! This clean, purpose-built triplex beckons for your immediate attention. This is NOT a drive by. Nice improvements including: vinyl windows, aluminum soffits, fascia and eavestroughs, water softener (2020), picket fence (2018), separate electrical meters. Renovated basement unit. New, vinyl clad storage shed. Note oversized basement level windows. Easily accessed parking provides for four parking spots. A truly turn key operation that generates strong, positive cash flow with just 35% down! Current rents: $1295, $1350 and $842. Coin laundry machines provide for an additional income stream. Investor work sheet with full financials available. Across from Guelph Street Park. 100 M from Lancaster Street and its restaurants, boutiques, amenities as well as public transit. Quick drive to Expressway, Easy walk to Downtown Kitchener. Looking for an opportunity to enter into the lucrative Kitchener-Waterloo real estate investment market? This is The One.

Details

MLS#40103428
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site17

Features

Units3
Building(s)1
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Area Information
ProvinceON
CountyWaterloo
CityKitchener
Postal CodeN2H 4W2
Area1 - Waterloo East
Listing VS Median (in N2H 4W2)
Price:
$899,900
low | high
Med:
$899,900
50% of Average
On Site:
17
low | high
Med:
17
100% of Average
Sourced by Back At You
Listing Updated: May 16, 2021 8:00:53 PM PDT
MIKE MILOVICK LogoMLS Number: 40103428
Listing Provided By:
MIKE MILOVICK  of  ROYAL LEPAGE GRAND VALLEY REALTY
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